Hi, thank you for your question. Was there a court approved financial settlement as part of the divorce?
Firstly, it is your decision whether you pay her the requested amount or not. However, Given that you have been separated for 15 years and there is a property with approximately £148,000 equity you would be well advised to consider seeking a financial settlement and a divorce.
During negotiations for a financial settlement, or if a court application is pursued, you would need to consider all matrimonial assets as part of the settlement and to assist you further I would need more details. However, her demand would appear unreasonable given that she has the benefit of living in the home herself to your exclusion.
-How old are you both?-How long have you been married?-Do you have any children together, if so their ages and proposed arrangements?-What other assets and pensions do you both have (both sole and joint), together with values?-What are your respective incomes?-Whose name is ***** ***** in?
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